MIT order at low of previous 15 minutes not working

[bk597]

Hi, I could use help as I am relatively new to this language. I am currently using the Strategy Builder. I want to place a short MIT order at the low of the previous 15 minutes. I would also like to set the stop loss and take profit to 40 and 60 ticks, respectively. When I run this in the Analyzer and replay it sets an order at the current price at 6:30 and closes the trade immediately. I can't figure out where I made a mistake. I have tried calculating it every tick, I have even modified it to just look back 15 bars and set a stop order at the low (without the extra series). I get the same result no matter what modification I make. Here is the code:

namespace NinjaTrader.NinjaScript.Strategies
{
public class Short15MinBO : Strategy
{
private bool ShortFirst;



protected override void OnStateChange()
{
if (State == State.SetDefaults)
{
Description = @"Enter the description for your new custom Strategy here.";
Name = "Short15MinBO";
Calculate = Calculate.OnBarClose;
EntriesPerDirection = 1;
EntryHandling = EntryHandling.AllEntries;
IsExitOnSessionCloseStrategy = true;
ExitOnSessionCloseSeconds = 30;
IsFillLimitOnTouch = false;
MaximumBarsLookBack = MaximumBarsLookBack.TwoHundredFiftySix;
OrderFillResolution = OrderFillResolution.Standard;
Slippage = 0;
StartBehavior = StartBehavior.WaitUntilFlat;
TimeInForce = TimeInForce.Gtc;
TraceOrders = false;
RealtimeErrorHandling = RealtimeErrorHandling.StopCancelClose;
StopTargetHandling = StopTargetHandling.PerEntryExecution;
BarsRequiredToTrade = 20;
// Disable this property for performance gains in Strategy Analyzer optimizations
// See the Help Guide for additional information
IsInstantiatedOnEachOptimizationIteration = true;
ShortFirst = false;
}
else if (State == State.Configure)
{
AddDataSeries(Data.BarsPeriodType.Minute, 15);
SetProfitTarget(@"", CalculationMode.Ticks, 60);
SetStopLoss("", CalculationMode.Ticks, 40, false);
}
}

protected override void OnBarUpdate()
{
if (BarsInProgress != 0)
return;

if (CurrentBars[0] < 1
|| CurrentBars[1] < 1)
return;

// Set 1
if ((Times[0][0].TimeOfDay >= new TimeSpan(6, 30, 0))
&& (Times[0][0].TimeOfDay < new TimeSpan(6, 35, 0))
&& (ShortFirst == false))
{
ShortFirst = true;
EnterShortMIT(Convert.ToInt32(DefaultQuantity), Lows[1][0], "");
}

// Set 2
if (Bars.IsFirstBarOfSession == true)
{
ShortFirst = false;
}

}
}
}
Thank you in advance for your help!

[NinjaTrader_ChelseaB]

Hello bk597,

Welcome to the NinjaTrader forums!

Below is a link to a support article with helpful resources on getting started with NinjaScript and includes a video of using the Strategy Builder.

https://support.ninjatrader.com/s/article/Developer-Guide-Getting-Started-with-NinjaScript

To select the previous bars value, set Bars ago to 1 when selecting the series.

A sell MIT order would be placed above the current bid.
A buy MIT order would be placed below the current ask.

Try placing MIT orders manually using Chart Trader to see where each order is placed.

A sell MIT order that is placed equal to or below the bid would become a market order and fill at market price.

If you would like a sell order working above the bid use a sell limit order.

[bk597]

Thank you for the insight and help. I am still getting immediate execution at the current price even when using 1 Bar ago and Stop orders. Whatever the price is at 6:30 is the execution price. Here is what the order lines look like, with the rest of the code being the same as above.

EnterShortStopLimit(Convert.ToInt32(DefaultQuantit y), Lows[1][1], Lows[1][1], "");
EnterShortStopMarket(Convert.ToInt32(DefaultQuanti ty), Lows[1][1], "");

The orders still immediately close the instant they are opened.

[bk597]

I think I have figured out the problem and have it working now. I appreciate your help!